-e- I think the SEC could - and perhaps should - prevent any effort to force BCIT to provide certs for ALL shares... they do have oversight of the DTC.
The problem - if both the company and the DTC were scammed, who do you stick with the responsibility?
I know there are good arguments to both sides on that issue... so perhaps the SEC will decide to do nothing... that they can't unscramble the egg. No buy-in, but also no BCIT cert cover...
Left in that position, I would think it extremely likely that Megas would go ahead with the RS...
So in essence, win or lose - I think we see the RS.
And win or lose - no buy-in
Those who believe without reason... cannot be convinced by reason